Hey everyone,
I got into Bitcoin not too long ago and I think I made the classic mistake… I bought pretty close to the top.
Now the price is down and even though I know this is part of the market, it still feels pretty bad seeing my position in red.
I’m not panic selling, but mentally it’s harder than I expected.
So I wanted to ask:
– How do you deal with buying high and seeing the price drop?
– Do you just hold and ignore it?
– Or do you change your strategy (like DCA)?
Would really appreciate hearing how you guys handle this 🙏
Bought near the top… how do you deal with it mentally?
byu/SeatFabulous9855 inBitcoinBeginners
Posted by SeatFabulous9855
3 Comments
How is your conviction? Study bitcoin, read books, listen to podcasts. Start dca
At the next cycle, if your anti-crypto peers started buying. You will know it’s time to sell
Just hold on to it. Buy the dip* If you some more, the average over all price will drop. BTC are mined another 100 yrs. Do not worry